Hariom Pipe Industries Ltd
Incorporated in 2008, Hariom Pipe Industries Ltd is a manufacturer of high-quality steel products[1]
- Market Cap ₹ 1,139 Cr.
- Current Price ₹ 368
- High / Low ₹ 889 / 320
- Stock P/E 18.6
- Book Value ₹ 178
- Dividend Yield 0.16 %
- ROCE 14.6 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 47.2% CAGR over last 5 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
87 | 105 | 134 | 161 | 254 | 431 | 644 | 1,153 | 1,288 | |
80 | 90 | 117 | 137 | 220 | 374 | 562 | 1,015 | 1,120 | |
Operating Profit | 7 | 15 | 17 | 23 | 34 | 56 | 82 | 139 | 169 |
OPM % | 8% | 14% | 13% | 15% | 13% | 13% | 13% | 12% | 13% |
1 | 0 | 0 | 0 | 1 | 3 | 1 | 5 | 4 | |
Interest | 3 | 3 | 3 | 7 | 8 | 8 | 10 | 33 | 43 |
Depreciation | 2 | 3 | 2 | 5 | 6 | 8 | 9 | 34 | 46 |
Profit before tax | 2 | 10 | 12 | 11 | 21 | 43 | 63 | 77 | 83 |
Tax % | 33% | 36% | 31% | 30% | 29% | 25% | 26% | 27% | |
2 | 6 | 8 | 8 | 15 | 32 | 46 | 57 | 61 | |
EPS in Rs | 9.47 | 5.94 | 6.21 | 5.98 | 8.92 | 18.83 | 16.73 | 19.68 | 20.19 |
Dividend Payout % | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 66% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 56% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 18% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 11 | 13 | 13 | 17 | 17 | 28 | 29 | 31 |
Reserves | 10 | 9 | 21 | 35 | 54 | 84 | 348 | 435 | 519 |
29 | 25 | 56 | 68 | 80 | 87 | 297 | 372 | 336 | |
7 | 13 | 14 | 23 | 23 | 27 | 37 | 44 | 140 | |
Total Liabilities | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,025 |
12 | 12 | 43 | 50 | 59 | 54 | 135 | 366 | 352 | |
CWIP | 0 | 1 | 0 | 0 | 8 | 10 | 103 | 13 | 31 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
36 | 46 | 62 | 90 | 107 | 152 | 471 | 501 | 642 | |
Total Assets | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,025 |
Cash Flows
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
4 | 7 | 6 | 1 | 10 | 4 | -101 | 5 | |
-0 | -4 | -32 | -12 | -23 | -4 | -222 | -182 | |
-4 | -3 | 30 | 9 | 12 | -0 | 426 | 74 | |
Net Cash Flow | -0 | -0 | 4 | -2 | -1 | -1 | 104 | -102 |
Ratios
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 36 | 29 | 52 | 28 | 23 | 49 | 39 |
Inventory Days | 165 | 196 | 169 | 251 | 174 | 150 | 172 | 124 |
Days Payable | 28 | 31 | 21 | 63 | 9 | 14 | 13 | 8 |
Cash Conversion Cycle | 161 | 201 | 177 | 240 | 193 | 159 | 207 | 155 |
Working Capital Days | 121 | 111 | 116 | 133 | 123 | 107 | 166 | 131 |
ROCE % | 30% | 22% | 18% | 21% | 28% | 17% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
2d - Credit rating assigned by CRISIL for banking facilities.
-
Business Update For Q4 & FY 24-25
2 Apr - Strong growth in Value-Added Products for Q4 & FY25.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
27 Mar - Investor Presentation on participation in "Bharat Connect Conference - Rising Stars 2025" organised by Arihant Capital.
- Closure of Trading Window 26 Mar
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
24 Mar - Of Participation of the Company in "Bharat Connect Conference-Rising Stars 2025" organised by Arihant Capital''s on March 27, 2025.
Business Overview:[1][2]
HPIL is a vertically integrated steel manufacturer with 800+ SKU’s of Iron & Steel products. It is one of the few players to have end to end Backward Integration process for Hot Charging, from producing raw materials like sponge iron and billets to final products